Nordic American Tankers (NAT) Gross Profit (2009 - 2018)

Nordic American Tankers (NAT) recorded quarterly Gross Profit of -$41.9 million in Q4 2018, up 58.01% quarter-over-quarter from -$99.9 million in Q3 2018, and down 5020.87% on a YoY basis from $852000.0 in Q4 2017.

Nordic American Tankers (NAT) Gross Profit (2009 - 2018) Analysis & Trends

Nordic American Tankers' Gross Profit history runs 8 years deep, the most recent figure standing at -$41.9 million for Q4 2018.

  • In Q4 2018, Gross Profit fell 5020.87% year-over-year to -$41.9 million; the TTM figure through Dec 2018 stood at -$117.3 million (down 317.68% YoY), while the FY2025 annual figure was $72.7 million, down 67.72% from the prior year.
  • Gross Profit was -$41.9 million for Q4 2018 at Nordic American Tankers, up from -$99.9 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $23.7 million in Q3 2017 to a low of -$99.9 million in Q3 2018.
  • Historically, Gross Profit has averaged -$14.7 million across 3 years, with a median of $7.8 million in 2016.
  • The sharpest annual moves came in 2017 and 2018: Gross Profit jumped 61.11% in 2017, then sank 5020.87% in 2018.
  • A 3-year view of Gross Profit shows it stood at $14.7 million in 2016, then slumped by 94.19% to $852000.0 in 2017, then tumbled by 5020.87% to -$41.9 million in 2018.
  • The last three Gross Profit figures came in at -$41.9 million (Q4 2018), -$99.9 million (Q3 2018), and $852000.0 (Q4 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Nordic American Tankers 1,174.80 -81.12 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2018 -41.93 Mn
Dec 31, 2018 -41.93 Mn
Sep 30, 2018 -99.86 Mn
Sep 30, 2018 -99.86 Mn
Dec 31, 2017 852,000.00
Dec 31, 2017 852,000.00
Sep 30, 2017 23.67 Mn
Sep 30, 2017 23.67 Mn
Dec 31, 2016 14.66 Mn
Dec 31, 2016 14.66 Mn
Sep 30, 2016 14.69 Mn
Sep 30, 2016 14.69 Mn
Dec 31, 2013 198.62 Mn
Dec 31, 2013 198.62 Mn
Sep 30, 2013 22.47 Bn
Sep 30, 2013 22.47 Bn
Dec 31, 2012 -9.62 Mn
Dec 31, 2012 -9.62 Mn
Sep 30, 2012 15.46 Mn
Sep 30, 2012 15.46 Mn